China Furniture Tenders

China's furniture market is a behemoth, valued at USD 89 billion in 2023. It is expected to grow at a compounded annual growth rate (CAGR) of 10.48% from 2023 to 2028, reaching a staggering USD 161.3 billion by 2028. This growth is driven by rising disposable incomes, urbanization, and a growing middle class.

The Chinese government is a major player in the furniture market, with procurement spending reaching USD 10 billion in 2022. This spending is expected to continue to grow in the coming years, driven by government initiatives such as infrastructure development and social welfare programs.

The Chinese government procures a wide range of furniture products and services, including:
Office furniture
School furniture
Hospital furniture
Home furniture
Furniture manufacturing services

The top authorities for China furniture procurement are:
Ministry of Finance (MOF)
Ministry of Housing and Urban-Rural Development (MOHURD)
Ministry of Education (MOE)
Ministry of Health (MOH)
National Development and Reform Commission (NDRC)

The top winners of China furniture procurement contracts are:
Zhejiang Huadu Furniture Co., Ltd.
Guangdong Meilian Furniture Group Co., Ltd.
Jiangsu Hengda Furniture Group Co., Ltd.
Zhejiang Sunhong Furniture Co., Ltd.
Guangdong Nanhai Furniture Co., Ltd.

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